Moved to the USA from Ecuador when I was 11. Worked hard to get a full ride to the University of Miami. Graduated with a finance degree and have worked in Private Equity since then. Currently I am a Portfolio Manager. Have invested in SFH for the past 3 years. No MF experience.
Address: 311, 313, 315 Country Club Oval Daytona Beach FL
Number of Units: 42
Value Add Deal? Yes
Purchase Price: $3,600,000
Estimated monthly increase projected? $400
Anticipated value after value add: $5,600,000
Estimated Cash on Cash Return: 9%+
Estimated Internal Rate of Return: 17%+
Great program to find quality individuals. I have meet my partners and together we are venturing into great projects (MF, STR, PE, a Fund) . A year after joining, I have given notice to my job that I will be leaving at the end of April.
David Hayes, another warrior, brought me the deal. We meet during the warrior event in Daytona last year.
Arrows Capital Group partner with us and helped us.
Two extension, heavier rehab than expected, KPs change in the middle of the deal, bank not being able to close
* These examples depicting income or earnings are NOT to be interpreted as common, typical, expected, or normal for an average student. Although we have numerous documented successful deals from our coaching students, we cannot track all of our students’ results, and therefore cannot provide a typical result. You should assume that the average person makes little to no money or could lose money as there is work and risk associated with investing in real estate. The students depicted have participated in Rod’s training and coaching. The participants shown are not paid for their stories.